World Bank: in 2013 Lithuania will become region's growth leader

Lithuania's economic growth in 2013 will be the highest in the region, reaching 3.5%, according to the World Bank's latest EU11 Regular Economic Report. Average economic growth in the EU11 countries is estimated to reach 2.5%, Invest Lithuania said.

The best performances are expected
from Lithuania, Poland (3.2%), Slovakia (3.1%) and Estonia (3%). Latvia is
projected to rank fifth with GDP growth of 2.9%, writes LETA/ELTA.

According to the World Bank,
Poland's GDP will increase by 2.9% in 2012, the highest in the region. In
Latvia and Lithuania, heavily affected by the economic crisis, GDP will rise by
2.3%. The World Bank forecasts 1.5% growth for the EU11 this year.

Two forums to shape the Baltic Sea regional future One Forum is aimed at revealing the EU strategy for the Baltic Sea region up to 2030; another assembles high-level decision-makers from business, politics, academia and media to figure out some practical steps for implementing a “futurist strategy”. The former is gathering for the 7th time, the latter for the 18th; both are taking place this week in Stockholm, Sweden